There is a general misconception that one unit of fiat creates that much value in crypto. The truth is that each dollar committed to the purchase of crypto creates an increasingly higher price pressure on the underlying crypto. In economics, it is called the price elasticity of supply. In aggregate, the quantity of ADA is fixed, but on a local level, more and more ADA is available at higher prices.
Now the question:
Is there a way I could look up the aggregate order book for ADA to calculate this metric?
It is very important in assessing the long term value of ADA.